Real Estate For Sale at Spruce Creek

Karlhaus CEO expands advisory activities joining Board of the Largest Private Airport Operator in the Americas

New York, NY - The Airport Conglomerate Grupo Aeroportuario del Pacifico (NYSE:PAC) has appointed Carlos Bravo, CEO of Karlhaus LLC as Member of its Board of Directors.

Bravo said, "I feel privileged to accept this appointment and humbled at the honor to serve such a prestigious organization." he added that, "The challenges and opportunities presented to GAP during these critical times are of historical importance and will dictate the future of the company. I much look forward to playing a role in identifying and responding to new risks and trends in today's business environment and to represent the best interests of all shareholders in every way I can."

In addition to his roles as CEO of Karlhaus LLC and Eaglenet Ventures, Bravo currently serves as a member of the Boards of several entities, including the Board of Visitors of Embry Riddle University. He also served on the executive task forces of the Daytona Beach International Airport "Airport of the Future" Program, the Teaching Airport concept program, and the Aerospace Research Park among others.

"I look forward to working with the rest of the Board and with Executive Management in the years ahead to help GAP grow in its mission as the leading airport operator in Mexico.", Bravo added.

Bravo, also a pilot and long time resident of the Spruce Creek Fly-in Airpark, is a serial technology entrepreneur and former Management Consultant and Fortune 500 Senior Executive with a long track record in building companies and negotiating complex merger transactions. His previous internet company went public in 1999 and grew to 1,300 employees and a valuation of several billion dollars. Mr. Bravo Attended the University of Florida and Northwestern University. He holds advanced degrees in Aerospace Engineering, Applied Mathematics and Business. He holds FAA Commercial Pilot and Flight Instructor Certificates and is qualified to fly both Airplanes and Helicopters.

GAP airports handled approximately 23.6 million and 22.3 million terminal passengers in 2007 and 2008, respectively, which makes it the largest private airport operator in the Americas. As of December 31, 2008, five of its airports ranked among the top ten busiest airports in Mexico based on commercial aviation passenger traffic, according to data published by the Mexican Airport and Auxiliary Services Agency. According to figures of the Mexican Airport and Auxiliary Services Agency, its commercial aviation passenger traffic accounted for approximately 27.2% and 21.4% of all arriving and departing commercial aviation passengers in Mexico in 2007 and 2008, respectively. In 2008, GAP recorded revenues of Ps. 3,490.8 million (approximately $313 million) and net income of Ps. 1,540.8 million (approximately $138 million). GAP boasts assets including airport concessions and land valued at over $1.5 billion. GAP's shares are listed on the New York Stock Exchange under the ticker symbol "PAC" and on the Mexican Stock Exchange under the ticker symbol "GAP".

About the Spruce Creek Fly-In

The Spruce Creek Fly-in Community is the world's most famous residential airpark. With a 4,000 ft lighted runway and a GPS approach, the private airport at the center of the community (7FL6) can accommodate anything from a Stearman to a Gulfstream. Originally a navy airfield during WWII, it evolved into the world's largest residential fly-in community. Today, almost 5,000 residents, 1,300 homes and 700 hangars share a unique life in this private gated village. The first thing a visitor sees after driving through the security gates is a sign that summarizes the spirit of this community: “Caution children and adults at play”. It is often called a piece of pilot's heaven.

A championship golf course and Country Club and 24-hr patrolled security complements the safety, privacy and enjoyment of its residents. John Travolta and many other celebrities have enjoyed the Spruce Creek Fly-In lifestyle and privacy. Current home prices vary from a $140,000 condo to multi-million-dollar hangar mansions.Learn more about the Spruce Creek Fly-in at http://www.7fl6.com

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